Together China and India accounted for around 90% of Russia’s crude exports, while Europe's share fell to only about 4-5% from about 40-45%
Costs have shot up as ships have rerouted around Africa. Some shippers are looking to boost the number of vessels sailing through the Suez Canal, but others want to see if the response to Houthi attacks is effective
Shippers opting to sail around Africa to avoid attacks by pro-Palestine Houthi militants in waters near Yemen and Suez Canal, despite formation of US-led 10-nation naval force
The Meng Xiang's activities in the South China Sea and other areas will be closely followed, because of grave concerns about the environmental impacts of deepsea mining and what resource the vessel will target
The deal – hailed as "historic" by some, and slammed as "soft" by island nations – is the first global agreement that promises an eventual end to the use of oil and coal
Beijing said it will reduce coal consumption in the Beijing-Tianjin-Hebei region by about 10% from 2020 levels by 2025
For November alone, bilateral trade between the two nations rose to $21.5 billion, the highest since February 2022 when the Ukraine war began
The International Energy Agency expects world oil consumption to hit its peak in 2030 at 103 million barrels per day – a decade faster than initially predicted
The move gathered momentum on Tuesday when a draft text emerged and research revealed that global CO2 emissions from burning fossil fuels are set to hit a record high this year
COP28 president Sultan Al Jaber also seen opposing the UN chief's call for a halt in the use of fossil fuels
Leaked document has talking points for the president of the UN climate conference, who is an oil executive in the UAE, to advance oil and gas deals, reports say
The 2020s will be a decade of rapid change driven by the need to counter intensifying global warming; responses by leading cities show a pattern likely to be replicated worldwide